Bombshell claim! Two Chinese automotive giants will establish factories in Samsun and Manisa.

The Chinese automotive giant BYD has decided to invest in Turkey and signed an agreement in recent months. The agreement stated that BYD plans to establish an electric and plug-in hybrid vehicle production facility with an annual capacity of 150,000 vehicles and a research and development center for sustainable mobility technologies in Turkey with an investment of approximately 1 billion dollars.

THEY WANT TO INVEST IN TURKEY

While this development has caused a significant stir in the public, another bombshell claim regarding foreign investments has emerged. It has been suggested that Chinese automotive giants Chery and MG are also preparing to invest in Turkey, while the Minister of Industry and Technology, Fatih Kacır, provided some information about where the two automotive giants would establish their factories.

THE CITIES WHERE THE FACTORIES WILL BE ESTABLISHED ARE ALSO REVEALED

According to a report by Dilek Güngör from Sabah Newspaper, it was stated that the factories would be established in Samsun and Manisa, with these two provinces being in the forefront.

It is reported that Chery has requested a concession for internal combustion vehicles, while Turkey wants to provide incentives for hybrid, electric vehicles, battery technologies, and green investments.